In today’s briefing:
- YC Doubles the Number of SEA Startups in Latest Cohort
- Mitra Keluarga (MIKA IJ) – Back On a Digitally Enhanced Expansion Tack
YC Doubles the Number of SEA Startups in Latest Cohort
- Startup enabler Y Combinator has unveiled the 33 Southeast Asian startups that have been included in its latest winter 2022 cohort.
The number is almost doubled from the last batch and amounted to around 8% of the 414 startups that were funded by the accelerator in this cohort.
- As part of the accelerator program, Y Combinator will invest US$125,000 in seed capital for a 7% stake in each startup.
Mitra Keluarga (MIKA IJ) – Back On a Digitally Enhanced Expansion Tack
- Mitra Keluarga Karyasehat Tbk (MIKA IJ) booked a strong set of FY2021 results driven by both COVID treatments and the start of a recovery in its core base case business.
- The company is back on an expansion tack in 2022, with increased capex and new hospital openings plus an increasing focus on digital initiatives.
- Mitra Keluarga Karyasehat Tbk (MIKA IJ) remains a core proxy for the growing penetration of healthcare in Indonesia and valuations are attractive versus history.
Before it’s here, it’s on Smartkarma
